Dantherm AS is the

parent company A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies ...

of several companies involved in the development,

production Production may refer to: Economics and business * Production (economics) * Production, the act of manufacturing goods * Production, in the outline of industrial organization, the act of making products (goods and services) * Production as a stati ...

, sale, and installation of industrial

air handling An air handler, or air handling unit (often abbreviated to AHU), is a device used to regulate and circulate air as part of a heating, ventilating, and air-conditioning (HVAC) system. An air handler is usually a large metal box containing a Centri ...

solutions.

Business model

The company works both nationally and internationally, where they have established factories and sales companies . The company's two main areas are Telecommunications and Heating, Ventilation and

Air Conditioning Air conditioning, often abbreviated as A/C or AC, is the process of removing heat from an enclosed space to achieve a more comfortable interior environment (sometimes referred to as 'comfort cooling') and in some cases also strictly controlling ...

(HVAC). Within the ''Telecom'' business unit, the company is a supplier of cooling solutions for the telecom networks suppliers and network operators. Within the ''HVAC'' business unit, there are several branches: defense,

dehumidification A dehumidifier is an air conditioning device which reduces and maintains the level of humidity in the air. This is done usually for health or thermal comfort reasons, or to eliminate musty odor and to prevent the growth of mildew by extracting w ...

swimming pool A swimming pool, swimming bath, wading pool, paddling pool, or simply pool, is a structure designed to hold water to enable Human swimming, swimming or other leisure activities. Pools can be built into the ground (in-ground pools) or built ...

ventilation, and residential ventilation. The total sale for the Dantherm group represents 464.6 million Danish krone (DKK). (2010), while the number of employees is approximately 537. The company's profit before tax represented a deficit of 44.5 million DKK, (improving over the previous years, when two entries were negative 96.5 million DKK and 293.1 million DKK). In 2011, they expected an operating profit (

EBIT EBIT, Ebit or ebit may refer to: *EBIT, or Earnings before interest and taxes, in finance *EBIT, or Electron beam ion trap, in physics *An ebit (quantum state), a two-party quantum state with quantum entanglement Quantum entanglement is the ph ...

) of 20-25 million DKK, a small profit before tax and a turnover of 500-550 million DKK. The

headquarters Headquarters (commonly referred to as HQ) denotes the location where most, if not all, of the important functions of an organization are coordinated. In the United States, the corporate headquarters represents the entity at the center or the to ...

of the Dantherm Group is located in Skive.

History

In 1958 E.R. Olsen founded his works under the name Danterm, which was changed to Dantherm. The increase in

industrial production Industrial production is a measure of output of the industrial sector of the economy. The industrial sector includes manufacturing, mining, and utilities. Although these sectors contribute only a small portion of gross domestic product (GDP), the ...

was the main force in the 1950s'

economic development In the economics study of the public sector, economic and social development is the process by which the economic well-being and quality of life of a nation, region, local community, or an individual are improved according to targeted goals and o ...

, which in a few years abolished the high

unemployment Unemployment, according to the OECD (Organisation for Economic Co-operation and Development), is people above a specified age (usually 15) not being in paid employment or self-employment but currently available for Work (human activity), w ...

seen in the Skive region. This meant that many industrial factories were built, and all needed to be heated and therefore could potentially use fan heaters that Eilert meant to develop. In the 1960s the company became a

Publicly traded A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (list ...

Aktieselskab ''Aktieselskab'' (; Abbreviation, abbr.: A/S, or a/s, Unicode ; literally meaning: "stock company") is the Denmark, Danish name for a stock-based corporation. An ''aktieselskab'' may be either publicly traded or private. Liability The sharehold ...

and sales organizations were created in Norway, Germany, France and England. In 1973, the company was divided into Dantherm AS as a production company and Dantherm Trading AS, which would handle the negotiation of company products on the Danish

market Market is a term used to describe concepts such as: * Market (economics), system in which parties engage in transactions according to supply and demand * Market economy *Marketplace, a physical marketplace or public market Geography *Märket, a ...

. Eilert was always looking for new opportunities, which resulted in his development, in the late 1970s, of a

dehumidifier A dehumidifier is an air conditioning device which reduces and maintains the level of humidity in the air. This is done usually for health or thermal comfort reasons, or to eliminate musty odor and to prevent the growth of mildew by extracting wa ...

in cooperation with low power

engineer Engineers, as practitioners of engineering, are professionals who invent, design, analyze, build and test machines, complex systems, structures, gadgets and materials to fulfill functional objectives and requirements while considering the l ...

Svend Thøgersen. The dehumidifier was patented and put into production in 1977–88. It was named ''CD'' (Condense Dryer). Dehumidifiers are now one of Dantherm's main areas. In the 1980s—after the

1970s energy crisis The 1970s energy crisis occurred when the Western world, particularly the United States, Canada, Western Europe, Australia, and New Zealand, faced substantial petroleum shortages as well as elevated prices. The two worst crises of this period wer ...

—much was done in Denmark to be energy efficient. The company developed a cross flow heat exchanger that could

regain Regain Records was a Swedish-based independent record label. The label predominantly released death metal and black metal albums. Regain Records was founded from what remained of the former label, Wrong Again Records, by Per Gyllenbäck in 1997 ...

the warm air in the building to heat the fresh cool air while

ventilating Ventilation is the intentional introduction of outdoor air into a space. Ventilation is mainly used to control indoor air quality by diluting and displacing indoor pollutants; it can also be used to control indoor temperature, humidity, and air m ...

, instead of discharging heat out of the window. Svend Thøgersen founded in 1983 ''Stelectric'', which started supplying electronics control systems for them. In the mid 1980s Dantherm Norway developed mobile refrigeration and heating equipment for the

armed forces A military, also known collectively as armed forces, is a heavily armed, highly organized force primarily intended for warfare. It is typically authorized and maintained by a sovereign state, with its members identifiable by their distinct ...

and

NATO The North Atlantic Treaty Organization (NATO, ; french: Organisation du traité de l'Atlantique nord, ), also called the North Atlantic Alliance, is an intergovernmental military alliance between 30 member states – 28 European and two No ...

. In the 1990s they ventured into electronics cooling, with telecommunications network as their main marketing area. In 1996 the company established a production facility in Spartanburg, United States and in 2001 in

Suzhou Suzhou (; ; Suzhounese: ''sou¹ tseu¹'' , Mandarin: ), alternately romanized as Soochow, is a major city in southern Jiangsu province, East China. Suzhou is the largest city in Jiangsu, and a major economic center and focal point of trade ...

, China. In January 2016 Dantherm A/S was acquired by Procuritas, and became the foundation of DanthermGroup In 2018 Troy Berg of Dane Manufacturing, a US based firm, purchased the US telecom division of Dantherm, forming Dantherm Cooling.

References

{{Reflist Heating, ventilation, and air conditioning